Blog

When Should I File?

by Paul Y. Lee | Apr 15, 2013 | Bankruptcy, Chapter 13, Chapter 7

Bankruptcy offers the ability to reduce your debt load to a more manageable level, so that you can begin moving forward with your life. When you’re ready to stop letting your financial past control your future, you should meet with an attorney regarding bankruptcy and...

Understanding Chapter 7 Bankruptcy

by Paul Y. Lee | Apr 9, 2013 | Bankruptcy, Chapter 7

If you’re struggling to meet your financial obligations, you might sometimes feel like you’ll never escape your debts, but instead keep sinking deeper and deeper due to interest and fees. In some cases, you may be able to reduce your debt load significantly and get a...

Student Loans and Bankruptcy

by Paul Y. Lee | Mar 20, 2013 | Bankruptcy, Chapter 13, Chapter 7, Student Loans

Unfortunately, under current law, student loans are very difficult to discharge in a bankruptcy. This may change, as the Fairness for Struggling Students Act of 2013 is currently being considered in Washington DC. Types of Student Loans Student loans can be private or...

5 Key Benefits of Using an Attorney When Filing for Bankruptcy

by Paul Y. Lee | Mar 15, 2013 | Bankruptcy, Chapter 13, Chapter 7

Filing for bankruptcy can be complicated and stressful, especially when you are not well acquainted with bankruptcy law. Rather than struggling to absorb all the ins and outs of the law so that you can represent yourself when filing for bankruptcy, you can simply hire...

Secured Debts and Property Redemption During a Chapter 7 Bankruptcy

by Paul Y. Lee | Mar 8, 2013 | Bankruptcy, Chapter 7

Chapter 7 Bankruptcy allows people drowning in debt to finally come up for air. The process can be complicated, so the best way to get through it is with the help of a lawyer, who can help you protect as many of your assets as possible from being liquidated in the...

Student Loan Help from a Bankruptcy Attorney Orange County CA

by Paul Y. Lee | Feb 28, 2013 | Bankruptcy, Student Loans

In a poor job market, student loans often pose significant hardships to graduates. Even students who successfully find work in their field may still be saddled with debt for decades. While one part of the solution to this problem must be stricter lending criteria and...

How a Bankruptcy Attorney San Bernardino CA Can Help with Your Mortgage

by Paul Y. Lee | Feb 21, 2013 | Bankruptcy, Chapter 13, Chapter 7, Foreclosure

With the recent downturn in the housing market and the economy as a whole, many people have found themselves unable to pay their mortgages. Others have found themselves saddled with mortgages that are now worth more than their homes in the current market. If you find...

Is Hiring a Bankruptcy Attorney Moreno Valley CA a Good Solution to Credit Card Debt?

by Paul Y. Lee | Feb 14, 2013 | Bankruptcy, Chapter 13, Chapter 7

Credit card debt plagues many Americans. When you consider that there are over 600 million credit cards in circulation in the United States accounting for over $800 billion in debt, and about a quarter of Americans regularly fail to pay all their bills on time, you...

Business Bankruptcy

by Paul Y. Lee | Nov 28, 2012 | Bankruptcy, Business Bankruptcy, Chapter 13, Chapter 7

Is Bankruptcy The Right Choice For Your Struggling Business? In the current economy, there are still many businesses that are struggling to make ends meet as they provide goods and services to their customers. If you own a business that seems to be floundering,...

Homestead Exemptions

by Paul Y. Lee | Nov 24, 2012 | Bankruptcy

Saving Your Home in Bankruptcy In many situations, declaring bankruptcy is the best way to relieve the burden of overwhelming debt. As you go through the process, you are allowed to keep many of your belongings. In in order to do so, it is necessary to declare that...

Welcome to The Law Offices of Paul Y. Lee